NIGP 94961: Royalty Distribution Services
Item
Code facts
- Part of
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32
- 949
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32
NIGP codes come from the NIGP Code (NIGP: The Institute for Public Procurement, maintained by Periscope Holdings), and state and local contract opportunities from the governments' procurement sites.
State & local contract opportunities
| Notice | Posted | Due |
|---|---|---|
| UNG - Trademark and Licensing |
About NIGP 94961
NIGP 94961 Royalty Distribution Services is an Item code under which state and local governments procure services to manage, track, calculate, and distribute royalty payments and revenue shares arising from natural resource extraction, mineral rights, timber harvesting, licensing agreements, and similar contractual obligations. The scope of work encompasses royalty accounting, audit and compliance verification, payment processing and remittance, stakeholder reporting, and dispute resolution support — services typically purchased by state natural resource departments, state auditor offices, county assessors and treasurers, and special-purpose districts managing public lands or mineral interests. Issuers under this code vary from state resource management agencies to county governments holding or administering extractive-industry leases and revenue-sharing agreements.
The source provided contains no recent state or local contract opportunities under NIGP 94961.
Quick answers
What is NIGP 94961?
NIGP 94961 is Royalty Distribution Services, an item in NIGP 32, Higher Education.
What is the latest state & local contract opportunity under NIGP 94961?
The latest state & local contract opportunity under NIGP 94961 is UNG - Trademark and Licensing from Georgia, posted April 1, 2024.
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